Waymo Via, a division of Alphabet Inc., is shifting its focus from self-driving trucks to self-driving cars for ridesharing. Companies working on self-driving cars are decreasing. Waymo Via stopped working…
Q2 Profit Surge Driven by Paccar Price Hikes
Paccar’s new truck prices went up by 15% from one year to the next. This was a big reason why the company’s profits grew in the second quarter. However, price…
Trans-Pacific Shipping Rates Surge as Carriers Slash Capacity
The number of ships going between Asia and the U.S. seems to be getting more under control in the shipping business. Several index sources say that spot rates have gone…
Surprising Q2 Container Line Earnings Expected to Exceed Expectations
The container lines won’t release their final numbers for the second quarter until next month, but early reports show that they have temporarily stopped the bleeding. Matson is a specialty…
Aurora Innovation Raises $820m In Fresh Capital
Aurora Innovation has been given an extra $820 million. That should give the company making self-driving cars enough time and money to get them on the market in 2024 and…
LNG as Fuel: Potential for Thousands of Ships Is It a Good Thing?
The shipping industry has put a lot of money into compressed natural gas as a bridge fuel between traditional fuel oil and whatever comes next, whether it’s methanol, ammonia, hydrogen,…
What Services Does Your Logistics Company Provider?
Many people come to us with inquiries about the types of services that we offer. So we thought, Why not write a blog and go into some detail about the…
Container Shipping Stocks Outperform Amid Market Gloom
In the past, shipping stocks have taken investors by surprise. At the beginning of 2023, shares of oil tankers and product ships were doing very well. The plan was called…
DAT and Convoy Drop Lawsuits Against Each Other
On Monday, a federal district court in Oregon sent out a notice stating that the case between load board DAT Solutions and digital freight company Convoy has been resolved. The…
DOL Seeks Millions Of Misclassified Arizona Delivery Drivers
The U.S. Department of Labor (DOL) won a misclassification case in November. Last week, they announced their pursuit of about 1,400 drivers in Arizona. These drivers are owed up to…